Listed by Nicholas Vilvandre • Keller Williams Downtown Sea. Bought with RE/MAX Exclusive.
Off Market May 2018 for $487K
$843,698
—
bd
•
— ba
•
3,672
sq ft
3914 Mason Loop Unit 1-4, Tacoma, WA 98409
About this home
~ Investor Alert $$$ 6.6% Cap Rate $$$ - Fully leased Four Plex in South Tacoma, located on Mason loop Cul-De-Sac, All Units are 918 Square Feet 2 Bedroom, 1 Bathroom some with Decks. Low Vacancy Rate. Property has had some updates on interior of some of the Units and Some Appliances over the past few years. All have Washer and Dryer in units. Rents are below market in some of the units. ~ SOLD AS-IS~ 3 units are Month to Month rents below market. 2 decks have been enclosed to create 3rd Bedroom
Multi-familyProperty Type
1979Year Built
10,800 sq ftLot Size
$230Est. Price/Sq.Ft.
8 spacesParking
Listed by Nicholas Vilvandre• Keller Williams Downtown Sea
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2023.
UR3
PRD
STGPD
Urban Residential District
This district is intended primarily for residential development including a range of dwellings and housing types, including multiplexes, at a transitional scale between that of lower-scale residential neighborhoods and the scale of Centers and Corridors, reflecting residential patterns such as pedestrian orientation and space between buildings. Buildings may occupy a little more of each residential lot than in the UR-2 District. Other compatible uses include residential businesses, neighborhood-serving commercial uses, and community facilities including parks, schools and religious facilities. The district is characterized by moderate activity levels and vehicular traffic, trees and other green features, and complete streets supporting transportation choices. The UR-3 District is generally located adjacent to higher intensity zoning districts and/or major Corridors.
Zone overlays
Planned Residential Development District
South Tacoma Groundwater Protection District
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Senior
Housing-Other
Mixed use
Golf related
Property details
Parking
Parking Information
Parking Uncovered Spaces: 8
Open Parking Spaces: 8
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet, Laminate Hardwood
Flooring: Laminate, Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,000
Net Operating Income: $33,122
Gross Adjusted Income: 43800
Gross Scheduled Income: $43,800
Total Monthly Income: 3650
Gross Rent Multiplier: 11
Total Expenses: 10678
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
Vacancy Rate: 2
# of Units (Total): 4
Furnished: Unfurnished
Exterior
Building Information
Roof: Built-Up, Flat
Exterior Features
Exterior Features: Wood, Wood Products
Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Deck,Fenced-Fully,High Speed Internet
Lot Features: Cul-De-Sac, Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2479
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $5,178
Tax Year: 2017
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Community
Water Company: TPU
Power Company: TPU
Sewer: Sewer Connected
Sewer Company: TPU
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Water Sewer Garbage: 4500
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Tacoma
Location Information
Directions: From Hwy 16 Take Union St. Exit head South. Right @Center St. Left@ Tyler St. Right @ 40th turns to Mason Loop Rd. Keep Right, Property will be 2nd building on Left. Drive By but Please Don't Disturb.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Pierce County
APN: —
Home facts updated by county records on Apr 11, 2023
Other
Listing Information
Mls Status: Sold
Listing Date Information
Offers Review Date: Thursday, April 12, 2018
On Market Date: Monday, April 9, 2018
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3672
Building Area Total: 3672
Building Area Units: Square Feet
Foundation Details: Slab
Year Built Effective: 1982
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 2
Around this home
Schools
Whittier Elementary School
Public PreK-3 • Assigned • 1.0mi
5/10
Wainwright Intermediate School
Public 4-8 • Assigned • 1.7mi
6/10
Foss High School
Public 9-12 • Assigned • 1.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Tacoma, WA • 98409
Average low and high temperatures (°F)
47
36
48
37
54
40
62
43
67
48
73
53
79
56
77
58
72
54
61
46
52
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$802,000 – $971,000
Reach more buyers when you sell with Redfin. Save up to $8,437 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.